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Stock market - going up or down in the next 6 months?

 
Hope_Full
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User ID: 79412447
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12/04/2020 07:59 AM
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Stock market - going up or down in the next 6 months?
I don’t understand. Our economy is a mess. Inventory on so many every day things is low or nonexistent. People losing jobs. And yet the economy is “okay” and the stock market is soaring?

If you had some extra money would you put it in stocks?

And where do you think the Dow will be in six months?
Anonymous Coward
User ID: 79210184
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12/04/2020 08:33 AM
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Re: Stock market - going up or down in the next 6 months?
I think that it will go loop de loop.
diverdan01

User ID: 39516942
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12/04/2020 08:34 AM
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Re: Stock market - going up or down in the next 6 months?
trump 40K
Biden 4K
Anonymous Coward
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12/04/2020 08:34 AM
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Re: Stock market - going up or down in the next 6 months?
Ask the AI Facebook.
Hope_Full  (OP)

User ID: 79412447
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12/04/2020 08:38 AM
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Re: Stock market - going up or down in the next 6 months?
I’ve got to decide if I stick with the stock market or jump ship. I’m 62 years old and don’t want to expose myself to too much risk.
Anonymous Coward
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12/04/2020 08:38 AM
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Re: Stock market - going up or down in the next 6 months?
Look for the feds quantitative easing program. The economy is propped up on monopoly money. Money printer goes brrrrr.

The fed is doing what the fed always does. Pump the market. Crash it. Then their shareholder banks buy up the businesses, stocks, and properties at a bargain at the bottom of the market. Restart the cycle in another decade.

My portfolio is up over 70% in two years. Stupid growth levels. Wife wont listen and sell.
diverdan01

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12/04/2020 08:39 AM
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Re: Stock market - going up or down in the next 6 months?
I’ve got to decide if I stick with the stock market or jump ship. I’m 62 years old and don’t want to expose myself to too much risk.
 Quoting: Hope_Full


there are capital preservation funds. I am parked in there..when Trump wins, Im moving half back into fidelity contra..nice 12% returns.
Anonymous Coward
User ID: 67904014
United States
12/04/2020 08:40 AM
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Re: Stock market - going up or down in the next 6 months?
you should get half out to hedge your bets, its for sure going to go down. Im gonna need to work another 20 years so Im gonna let mine sit. Not that I have that much anyhow.
Anonymous Coward
User ID: 67904014
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12/04/2020 08:41 AM
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Re: Stock market - going up or down in the next 6 months?
I’ve got to decide if I stick with the stock market or jump ship. I’m 62 years old and don’t want to expose myself to too much risk.
 Quoting: Hope_Full


there are capital preservation funds. I am parked in there..when Trump wins, Im moving half back into fidelity contra..nice 12% returns.
 Quoting: diverdan01


Ive had my IRA in the New American Fund and its been between 12 to 17% for the past 4 years.
Anonymous Coward
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12/04/2020 08:46 AM
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Re: Stock market - going up or down in the next 6 months?
down .. not much time left to escape
Slick Dickman

User ID: 79309329
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12/04/2020 08:51 AM
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Re: Stock market - going up or down in the next 6 months?
I think the only safe stock right now is Apple. Chewy is another possible good stock, it might reach 100 by end of next year as they are currently the fastest growing company in America. Id avoid all others for now.
It`s OK to tell your Government No.
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Anonymous Coward
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12/04/2020 08:51 AM
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Re: Stock market - going up or down in the next 6 months?
Brah -- one day in the stock market and you can earn what it would take all year in a banks money market. Seriously. Just stick it in Amazon, Kohls, Walmart, Carnival Cruise lines and forget about it. These stocks will only go up from here during the pandemic. Put in stop losses (limit orders) so you're protected. If you don't know what a stop loss is Yandex it.
diverdan01

User ID: 39516942
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12/04/2020 08:52 AM
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Re: Stock market - going up or down in the next 6 months?
I’ve got to decide if I stick with the stock market or jump ship. I’m 62 years old and don’t want to expose myself to too much risk.
 Quoting: Hope_Full


there are capital preservation funds. I am parked in there..when Trump wins, Im moving half back into fidelity contra..nice 12% returns.
 Quoting: diverdan01


Ive had my IRA in the New American Fund and its been between 12 to 17% for the past 4 years.
 Quoting: Anonymous Coward 67904014


they have been a good 4 yrs.
Hope_Full  (OP)

User ID: 79412447
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12/04/2020 10:01 AM
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Re: Stock market - going up or down in the next 6 months?
I get pretty tangled up trying to figure out the stock market.

:(

Thanks for the replies.
ErikV

User ID: 79722346
Sweden
12/04/2020 11:08 AM
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Re: Stock market - going up or down in the next 6 months?
trump 40K
Biden 4K
 Quoting: diverdan01


Will be the other way around unfortunately for most.

Last Edited by ErikV on 12/04/2020 11:08 AM
ErikV





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